Bought a 1950 ranch house in 2007 summer in MA. we are first time home owner. we heard the winter heating bill will be big, so we bought a pellet stove before the winter in 2007. it is ok that year. then next winter, pellets price went up a lot and keep that high until now. during last two winters, we mainlly rely on pellet stove and only turn on or oil water heating system occasionally for cold night.
this winter, we may leave pellet stove off because pellets price is too high compare with oil and gas. Our existing oil boiler is more than 10 yrs old and noisy. Service guy told us some parts need to be replaced. we are thinking replace it with a new high efficiency oil boiler or just convert to gas. both need to invest thousands and keep oil may be a little cheaper (about $ less).
what is your decision if you were me. lots of neigbours converted to gas and we can gain some space on basement. But what i am worry about is the gas price may over oil again. what is your info about price trend on gas and oil in long term.